Yields and Equities doing the same dance...
Diupdate
Here expecting Equities and Yields to perform the same dance till we clear the next important CB combo in September. We are at a crucial point in the cycle, a superb time for short covering to begin and with that the opportunity to ride a temporary correction before ECB/FED Sept.
A good example of a positional trade ahead of the ECB beginning to cut further; German Bonds are stretched and we are going to see a pullback here whilst the DAX will find a bid on the Dovish CB front.
Best of luck all those trading the pullback to position for ECB cuts.
A good example of a positional trade ahead of the ECB beginning to cut further; German Bonds are stretched and we are going to see a pullback here whilst the DAX will find a bid on the Dovish CB front.
Best of luck all those trading the pullback to position for ECB cuts.
Catatan
A major breakdown here... Recession already has one foot in the door.
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